Keysight Helps IIoT Device Makers Test Compliance Standards

Keysight Technologies’ (NYSE:KEYS) Ixia recently unveiled IxNetwork’s latest set of validation test cases pertaining to time-sensitive networking (TSN) devices based on Ethernet infrastructure. IxNetwork is allowing industrial Internet of things (IIoT) device manufacturers to check the compliance of their devices with Avnu Alliance’s latest industrial test plan for 802.1Qbv-2015.

Notably, IxNetwork provides IIoT device manufacturers with an end-to-end network infrastructure performance testing solution. The company’s IxNetwork is facilitating IIoT device makers to accelerate and authenticate the compliance of their devices with 802.1Qvb standard by Institute of Electrical and Electronics Engineers or IEEE.

Moreover, the solution is enabled to scale and handle large networks and powerful devices, ranging from switching and routing to software defined networking and data center’s Ethernet-based networks.

Management is elated that Ixia’s test package including the Avnu Alliance industrial test plan is the first to market solution to verify TSN compliant IIoT devices.

Coming to price performance, shares of Keysight have returned 59.1% year to date, outperforming industry’s rally of 40.9%.

Robust Features to Favor Adoption

IIoT device manufacturers are required to confirm whether deployment of TSN is compliant with 802.1Qvb standard by IEEE. Further, TSN enables data delivery across different traffic classes in time with secured bandwidth in the Ethernet-based network infrastructure.

Ixia’s IxNetwork from Keysight aids device manufacturers to test whether the products comply with TSN standard on Ethernet-based networking infrastructure.

Notably, IxNetwork’s strength in application programming interface (API) and graphical user interface (GUI) scripting enhances performance of testing processes with capabilities to distinguish resiliency and bottlenecks.

Keysight notes that, “Each IxNetwork test port emulates hundreds of Ethernet end-points with realistic behavior.”

The aforementioned robust features are expected to bolster demand of Ixia’s IxNetwork test solutions from IIoT device manufacturers, which is anticipated to benefit the top line in the days ahead.

IIoT Solutions Gaining Steam Holds Promise

Growing adoption of predictive maintenance analytics tools and cost-efficient sensors are driving the demand for IIoT offerings from enterprises. Per ResearchAndMarkets data, the global IIoT market is projected to hit $949.42 billion by 2025 at a CAGR of 29.4% between 2019 and 2025.

Increasing prominence of IIoT solutions is anticipated to boost data collected via Ethernet-based networks. These factors call for evolving industrial standards accordingly to harness, manage and transfer information generated from connected networks.

This enhances business prospects of Ixia’s IxNetwork testing solution. Moreover, Keysight boasts of a robust IIoT performance testing, validation and monitoring solutions portfolio, which augurs well in the longer haul.

Keysight’s solutions and technical expertise aids enterprises to realize IIoT goals and enable them to bring products to market quickly in an accurate and cost-efficient manner.

Zacks Rank & Other Stocks to Consider

Keysight sports a Zacks Rank #1 (Strong Buy).

Some other top-ranked stocks in the broader technology sector are Anixter International (NYSE:AXE) , Perficient (NASDAQ:PRFT) and Chegg (NYSE:CHGG) , each flaunting a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Long-term earnings growth rate for Anixter, Perficient and Chegg is currently pegged at 8%, 10.75%, and 30%, respectively.

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